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Larson company began the current year with bounces in account receivables and allowance for doubtful...

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Accounting

Larson company began the current year with bounces in account receivables and allowance for doubtful account at $48,700 and $2280 respectively the company reported credit sales of $476,750 during the year collected $492,200 and wrote off
$2000 of uncollectible accounts .Larson company estimated that 10% of its account receivable balance will be uncollectible.
A) determine the balance in the allowance for doubtful accounts is the current year

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